Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product Units Produced Sales Value at Split-Off Additional Costs Sales Values W-10 56
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows:
| If Processed Further | ||||||||||
| Product | Units Produced | Sales Value at Split-Off | Additional Costs | Sales Values | ||||||
| W-10 | 56,000 | $ | 336,000 | $ | 36,000 | $ | 366,000 | |||
| W-20 | 40,000 | 288,000 | 28,800 | 336,000 | ||||||
| W-30 | 32,000 | 192,000 | 19,200 | 240,000 | ||||||
| W-40 | 32,000 | 144,000 | 12,000 | 160,000 | ||||||
| 160,000 | $ | 960,000 | $ | 96,000 | $ | 1,102,000 | ||||
Required:
Assuming that total joint costs of $384,000 were allocated using the sales value at split-off (net realizable value method), what joint costs were allocated to each product? (Do not round intermediate calculations.)
Homework Answers
Add Answer to:
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product Units Produced Sales Value at Split-Off Additional Costs Sales Values W-10 56
Deming & Sons manufactures four grades of lubricant, W-10. W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10. W-20, W-30, and W-40, from a joint process. Additional Information follows. IF Processed Further Product W-10 W-29 W-30 W-40 Units Produced 56,200 40.000 32.ee 32,600 160.000 Sales Value at Split-Off $336,00 288,000 192,00 144.883 Additional Costs $36,000 28,888 19,200 12,888 $96.000 Sales Values $ 366.888 336, eee 240.000 160,000 $1,102,888 $960,000 Required: Assuming that total Joint costs of $384.000 were allocated using the physical quantities method, what Joint costs were allocated...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 44,800 32,000 25,600 25,600 128.000 Sales Value at Split-Off $268,000 230,000 154,000 116,000 $768,000 Additional Costs $ 28,700 23,000 15,400 9,600 $ 76,700 Sales Values $ 292,000 268,000 192,000 128,000 $ 880,000 Required: Assuming that total joint costs of $268,800 were allocated using the sales value at split-off (net realizable...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 64,400 46,000 36,800 36,800 184,000 Sales Value at Split-Off $ 384,000 330,000 222,000 168,000 $1,104,000 Additional Costs Sales Values $ 41,400 $ 420,000 33,000 384,000 22,200 276,000 13,800 184,000 $110,400 $1,264,000 Required: Assuming that total joint costs of $518,880 were allocated using the sales value at split-off (net realizable value...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Units Produced Sales Value at Product W-10 W-20 W-30 W-40 Split-Off $ 352,000 302,000 202,000 152,000 Additional Costs $ 37,800 30,200 20,200 12,600 Sales Values $ 384,000 352,000 252,000 168,000 58,800 42,000 33,600 33,600 168,000 $1,008,000 $100,800 $1,156,000 Required: Assuming that total joint costs of $352,800 were allocated using the sales value at split-off (net realizable value...
Deming & Sons manufactures four grades of lubricant, W-10, W-20. W-30, and follows. If Processed Further...
Deming & Sons manufactures four grades of lubricant, W-10, W-20. W-30, and follows. If Processed Further Sales Value at Split-OFF $268.00 Sales Values Units Produced 44.800 32. Be 25,600 Product W-10 W-20 W-30 W-40 Additional Costs 326, 708 23,808 15. 188 268,888 115 93 128,eee $768,899 $15.70 $ 880 Required: Assuming that tota joint costs of $268.800 were allocated using the physica qu each product? Do not round Intermedlate calculations.) Product Joint Costs Allocated
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product Units Produced Sales Value at Split-Off Additional Costs Sales Values W-10 61,600 $ 368,000 $ 39,600 $ 402,000 W-20 44,000 316,000 31,600 368,000 W-30 35,200 212,000 21,200 264,000 W-40 35,200 160,000 13,200 176,000 176,000 $ 1,056,000 $ 105,600 $ 1,210,000 Required: Assuming that total joint costs of $443,520 were allocated using the physical quantities method, what...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Units Sales Value at Product Produced Split-Off Additional Costs Sales Values W-10 60,200 $ 360,000 $ 38,700 $ 393,000 W-20 43,000 309,000 30.900 360,000 W-30 34,400 207,000 20,700 258,000 W-40 34.400 156,000 12,900 172,000 172,000 $1,032,000 $103,200 $1,183,000 Required: Assuming that total joint costs of $381,840 were allocated using the sales value at split-off (net realizable value...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. If Processed Further Product Units Produced Sales Value at Split-Off Additional Costs Sales Values W-10 53,200 $ 316,000 $ 34,100 $ 346,000 W-20 38,000 272,000 27,200 316,000 W-30 30,400 184,000 18,400 228,000 W-40 30,400 140,000 11,400 152,000 152,000 $ 912,000 $ 91,100 $ 1,042,000 Required: Assuming that total joint costs of $410,400 were allocated using the physical quantities method, what...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. If Processed Further Units Sales Value Product Produced at Split-Off Additional Costs Sales Values W-10 60,200 $ 360,000 $ 38,700 $ 393,000 W-20 43,000 309,000 30,900 360,000 W-30 34,400 207,000 20,700 258,000 W-40 34,400 156,000 12,900 172,000 172,000 $1,032,000 $103,200 $1,183,000 Required: Assuming that total joint costs of $381,840 were allocated using the physical quantities method, what joint costs were...
Deming & Sons manufactures four grades of lubricant W-10 W-20, W-30, and W-40, from a joint...
Deming & Sons manufactures four grades of lubricant W-10 W-20, W-30, and W-40, from a joint process. Additional information follow Units Product W-10 Produced W-20 Sales Valuat Sols 3 3 360.000 31.000 212.000 01.000 44000 35.200 W-30 Additional Costs 31.000 Sales Vues W-40 178.000 1.050.000 13200 204.000 5106 800 3 1210.000 Required: Assuming that total costs of $443 520 were located in the phy Product WO cated each produce condimente calculation) W References Book & Resou
Deming & Sons manufactures four grades of lubricant, W-10. W-20, W-30, and W-40, from a joint process. Additional Information follows. IF Processed Further Product W-10 W-29 W-30 W-40 Units Produced 56,200 40.000 32.ee 32,600 160.000 Sales Value at Split-Off $336,00 288,000 192,00 144.883 Additional Costs $36,000 28,888 19,200 12,888 $96.000 Sales Values $ 366.888 336, eee 240.000 160,000 $1,102,888 $960,000 Required: Assuming that total Joint costs of $384.000 were allocated using the physical quantities method, what Joint costs were allocated...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 44,800 32,000 25,600 25,600 128.000 Sales Value at Split-Off $268,000 230,000 154,000 116,000 $768,000 Additional Costs $ 28,700 23,000 15,400 9,600 $ 76,700 Sales Values $ 292,000 268,000 192,000 128,000 $ 880,000 Required: Assuming that total joint costs of $268,800 were allocated using the sales value at split-off (net realizable...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 64,400 46,000 36,800 36,800 184,000 Sales Value at Split-Off $ 384,000 330,000 222,000 168,000 $1,104,000 Additional Costs Sales Values $ 41,400 $ 420,000 33,000 384,000 22,200 276,000 13,800 184,000 $110,400 $1,264,000 Required: Assuming that total joint costs of $518,880 were allocated using the sales value at split-off (net realizable value...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Units Produced Sales Value at Product W-10 W-20 W-30 W-40 Split-Off $ 352,000 302,000 202,000 152,000 Additional Costs $ 37,800 30,200 20,200 12,600 Sales Values $ 384,000 352,000 252,000 168,000 58,800 42,000 33,600 33,600 168,000 $1,008,000 $100,800 $1,156,000 Required: Assuming that total joint costs of $352,800 were allocated using the sales value at split-off (net realizable value...
Deming & Sons manufactures four grades of lubricant, W-10, W-20. W-30, and follows. If Processed Further Sales Value at Split-OFF $268.00 Sales Values Units Produced 44.800 32. Be 25,600 Product W-10 W-20 W-30 W-40 Additional Costs 326, 708 23,808 15. 188 268,888 115 93 128,eee $768,899 $15.70 $ 880 Required: Assuming that tota joint costs of $268.800 were allocated using the physica qu each product? Do not round Intermedlate calculations.) Product Joint Costs Allocated
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Processed Further Units Sales Value at Product Produced Split-Off Additional Costs Sales Values W-10 60,200 $ 360,000 $ 38,700 $ 393,000 W-20 43,000 309,000 30.900 360,000 W-30 34,400 207,000 20,700 258,000 W-40 34.400 156,000 12,900 172,000 172,000 $1,032,000 $103,200 $1,183,000 Required: Assuming that total joint costs of $381,840 were allocated using the sales value at split-off (net realizable value...
Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. If Processed Further Units Sales Value Product Produced at Split-Off Additional Costs Sales Values W-10 60,200 $ 360,000 $ 38,700 $ 393,000 W-20 43,000 309,000 30,900 360,000 W-30 34,400 207,000 20,700 258,000 W-40 34,400 156,000 12,900 172,000 172,000 $1,032,000 $103,200 $1,183,000 Required: Assuming that total joint costs of $381,840 were allocated using the physical quantities method, what joint costs were...
Deming & Sons manufactures four grades of lubricant W-10 W-20, W-30, and W-40, from a joint process. Additional information follow Units Product W-10 Produced W-20 Sales Valuat Sols 3 3 360.000 31.000 212.000 01.000 44000 35.200 W-30 Additional Costs 31.000 Sales Vues W-40 178.000 1.050.000 13200 204.000 5106 800 3 1210.000 Required: Assuming that total costs of $443 520 were located in the phy Product WO cated each produce condimente calculation) W References Book & Resou
Most questions answered within 3 hours.
-
1. the following results are obtained:
200
kiwi
575 wild-type
What can we conclude about the...
asked 52 seconds from now -
Explain how you might use E. coli bacteria to produce human
growth hormone using the following:...
asked 22 seconds ago -
WHAT IS THE EFFEKT OF ADD K2CO3 TO ( METHANOL OG WATER)?
asked 14 minutes ago -
Calculate the cell potential, the equilibrium constant, and the
free-energy change for: Ca(s)+Mn2+(aq)(1M)⇌Ca2+(aq)(1M)+Mn(s) given
the following...
asked 12 minutes ago -
Determine the pH at the equivalence (stoichiometric) point in
the titration of 48 mL of 0.28...
asked 11 minutes ago -
11. In CPM/PERT, an activity that is on the critical path
A. has equal values for...
asked 18 minutes ago -
Using C++ :
A Pascals triangle row is constructed by looking at the previous
row and...
asked 35 minutes ago -
With what speed will the fastest photoelectrons be emitted from
a surface whose threshold wavelength is...
asked 35 minutes ago -
The following slope distances and differences in elevations
between the tape ends were recorded for a...
asked 37 minutes ago -
1. Assuming random walk markets and normally distributed
returns, if a one day VaR on an...
asked 46 minutes ago -
(a) With a variable life insurance policy, the rate of return on
the investment (the death...
asked 56 minutes ago -
By applying what you know about Grignard reagents and the
mechanism by which benzoic acid is...
asked 1 hour ago